There are so many great reasons to save money. It teaches you discipline and how being patient will help you get the things you want. This discipline and patience is something you can successfully use in all areas of your life with great results.
Sometimes you need money quickly and there are other better options you can use other than dipping into your savings. For instance, you can get an online payday loan that you can pay back quickly and easily directly from your paycheck. This will avoid you having to touch your savings.
When you are saving money there will no doubt be countless times where you see something that you want to purchase and in order to make that purchase you need to dip into your savings. Being able to not give in to these impulses creates strong character and a greater will to get something accomplished.
Perhaps one of the least thought about benefits of saving money is that it also brightens your mood. According to surveys, saving money can have a significant positive impact on your well-being. Among those with a savings account, 38% report feeling very happy, compared to 29% of those without a savings account. And 84% of the people surveyed say that having money saved up boosts their sense of well-being more than eating healthy food, having a job they enjoy, or exercising regularly. Here are some good reasons why saving money makes you happy.
Great Sense of Security
One of the core goals of every human being is to have security. Security means that you feel safe and that all of your obligations candy met. Because the vast majority of those obligations will involve a financial component, having money saved can create a great sense of security. This sense of security relieve stress and puts people in a better mood. When you have money in your bank account, it is easier to be happy.
Keeps You Prepared for the Unknown
One of the biggest concerns that each of us has is that something completely unprepared for occurs. Perhaps someone in your family falls ill, there’s a catastrophic fire or natural disaster, or even an unexpected death. Although these are all tragic events, they also common events. And each requires finances in order to successfully make it through. When you have savings, you do not have to concern yourself with the unknown issues that require money. Because of this your mood will lighten about what may happen in the future. With savings you are financially prepared and can have peace of mind.
Building Savings is a Great Goal
In life we all want to know where we are going. This motivates us to be good, to keep pushing forward and to do the things necessary to get us to that goal. In the end having a positive goal makes us feel like our lives have meaning and are worth living. When you save you typically do it because you have a destination you are trying to reach. You use this to motivate you to save more. When you see yourself heading toward that goal it makes you happy.
Saving money is great for myriad of wonderful reasons and a nice bonus is that you also feel happy about what you are doing.